Mobileye Global (NASDAQ:MBLY) to Buyback $250.00 million in Shares
by Jessica Moore · The Cerbat GemMobileye Global (NASDAQ:MBLY – Get Free Report) announced that its board has approved a share repurchase plan on Thursday, April 23rd, RTT News reports. The company plans to repurchase $250.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 3.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. lowered their price target on Mobileye Global from $11.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, April 16th. UBS Group lowered their price target on Mobileye Global from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Barclays lowered their price target on Mobileye Global from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. Canaccord Genuity Group lowered their price target on Mobileye Global from $30.00 to $24.00 and set a “buy” rating for the company in a research report on Friday, January 23rd. Finally, HSBC raised Mobileye Global to a “strong-buy” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mobileye Global currently has a consensus rating of “Hold” and a consensus target price of $14.79.
View Our Latest Analysis on MBLY
Mobileye Global Price Performance
Shares of Mobileye Global stock traded up $0.80 during trading hours on Thursday, hitting $8.70. 22,554,204 shares of the company’s stock traded hands, compared to its average volume of 5,975,909. Mobileye Global has a 12-month low of $6.47 and a 12-month high of $20.18. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of -17.75 and a beta of 0.75. The company has a fifty day simple moving average of $7.92 and a 200-day simple moving average of $10.35.
Mobileye Global (NASDAQ:MBLY – Get Free Report) last announced its earnings results on Thursday, April 23rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Mobileye Global had a positive return on equity of 0.21% and a negative net margin of 20.70%.The firm had revenue of $558.00 million during the quarter, compared to analyst estimates of $519.34 million. During the same period last year, the firm posted $0.08 EPS. The business’s revenue was up 27.4% compared to the same quarter last year. On average, analysts forecast that Mobileye Global will post -0.03 EPS for the current fiscal year.
Key Headlines Impacting Mobileye Global
Here are the key news stories impacting Mobileye Global this week:
- Positive Sentiment: Mobileye beat Q1 estimates on both EPS and revenue (EPS $0.12 vs. ~$0.09 expected; revenue $558M vs. ~$519M) and raised its full-year outlook — the core driver behind the stock rally. Mobileye delivers earnings beat, raises full-year outlook
- Positive Sentiment: Management announced a share repurchase program of up to $250 million, signaling confidence in cash generation and lifting shareholder-return prospects. Mobileye Announces Share Repurchase Program of Up to $250 Million
- Positive Sentiment: Q1 release highlighted a design win with Mahindra (adds another Surround ADAS customer and second customer for next‑gen SuperVision), supporting future revenue cadence from ADAS and SuperVision products. Mobileye Releases First Quarter 2026 Results, Updates Full-Year Outlook…
- Positive Sentiment: Company commentary and media coverage emphasize that Mobileye’s robotaxi program “has progressed significantly,” which supports longer-term growth narratives around autonomous-driving revenue streams. Mobileye’s robotaxi ambitions have ‘progressed significantly,’ and the stock surges
- Neutral Sentiment: Full Q1 earnings details and management commentary are available (earnings call transcript) for deeper diligence on margins, ADAS ASPs and robotaxi cadence — useful for modeling but not an immediate directional catalyst. Mobileye Global Inc. (MBLY) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Analysts and coverage pieces are parsing key metrics vs. estimates (margin profile, YoY growth, guidance assumptions) — these analyses will influence medium-term sentiment as models are updated. Mobileye (MBLY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- Negative Sentiment: BNP Paribas Exane cut its price target from $11.50 to $8.50 and moved to a neutral rating, which could cap upside if other brokers follow with conservative revisions. BNP Paribas Exane lowers MBLY price target
About Mobileye Global
Mobileye Global Inc (NASDAQ: MBLY) is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye’s core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.
Founded in 1999 by Prof.